Weekly Review: DeepSeek's Analysis on Bitcoin, Ethereum, and Solana. Hyper's Pre-Sale Destroys its Tokens

In the ever-evolving world of cryptocurrency, a new player is making waves: Bitcoin Hyper. This innovative project aims to turbocharge the Bitcoin blockchain, and it's creating quite a stir in the market.

Bitcoin Hyper has an ambitious plan to revolutionise Bitcoin by building a new Layer-2 solution that integrates the Solana Virtual Machine (SVM). This integration promises to provide a full-blown Web3 environment on Bitcoin, complete with high-speed DeFi trading apps, NFT marketplaces, lending and staking protocols, DAOs, gaming dApps, and more.

The project's Layer-2 solution processes thousands of transactions at lightning speed and sends a summary of all those transactions back to the primary Bitcoin chain. A decentralized, non-custodial Canonical Bridge sits at the heart of this network, ensuring security and efficiency.

Wrapped Bitcoin, the token minted on the Bitcoin Hyper network, can then be used to send, receive, or swap funds almost instantly. This feature could significantly speed up transactions on the Bitcoin network.

Recent developments have fueled optimism for Bitcoin Hyper. An institutional player recently bought $50K worth of Bitcoin Hyper in a single transaction, indicating growing interest from large-scale investors.

Meanwhile, Bitcoin itself is showing signs of strength. It has broken out of a long-standing resistance, as analyzed by DeepSeek, and is currently trading at over $112.7K. On the four-hour chart, Bitcoin has flipped all short-term EMAs into support, and the 10, 20, and 50 EMAs are now neatly stacked in bullish order.

The bullish sentiment extends to Solana as well. Solana has remained in the $200-$220 zone for four consecutive weeks, and DeepSeek predicts a potential breakout for the cryptocurrency in the coming days. The odds for a Solana ETF approval by the end of the year are now above 99%.

Furthermore, analysts at DeepSeek believe Bitcoin Hyper could be a potential 1000x crypto. This prediction is based on Bitcoin Hyper's development of the world's first ZK-rollup-based Bitcoin layer 2 blockchain, which significantly enhances Bitcoin's speed, utility, and programmability while maintaining security and decentralization.

Bitcoin Hyper is currently in presale and hasn't yet listed on exchanges. However, with such promising potential and growing interest from the market, it's a project worth keeping an eye on.

Notably, influential figures in the crypto space have also expressed bullish sentiments. Michael Saylor and Changpeng Zhao, for instance, have recently made positive statements about Bitcoin.

In the world of cryptocurrency, where new projects emerge daily, Bitcoin Hyper stands out as a promising development. Its unique approach and presale performance could lead to gains of over 1400%, making it a standout among emerging tokens. As always, investors are advised to do their own research before making any investment decisions.

Weekly Review: DeepSeek's Analysis on Bitcoin, Ethereum, and Solana. Hyper's Pre-Sale Destroys its Tokens